a) calculate budgeted dollar cost of ending finished good inventory.

b) calculate budgeted COGM

c) calculate sales revenue

d) calcutate budgeted COGS

Hazlett, Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes are a matching set, they are sold individually and so the sales mix is not 1:1. H et's management is planning its budget for fiscal year 2018. Hazlett accounts for direct materials and ending finished goods using a FIFO cost flow assumption. Here is information for 2018 Brides Elise La MHMHMH MH Plastic D e Bribes 10 branches Color SM $1.119 Sales and Intory Expected Sale in its Cow 12 Brushes 14.00 Trading to 1. 1210 927 2.700 Combs are manufactured in batches of 200, and brushes are manufactured in batches of 100. It takes 28 minutes to set up for a batch of combs and I hour to set up for a batch of brushes. Haddett uses activity-based costing and has classified all overhead costs as shown in the following table. Budgeted fixed overhead costs vary with capacity. Hazlett operates at capacity so budgeted fixed overhead cost per unit equals the budgeted fixed overhead costs divided by the budgeted quantities of the cost allocation base. Delivery trucks transport units sold in delivery sizes of 1,000 combs or 1.000 binishes Manufacturing Cost Type Budgeted Variable Budited Fixed Cost Driver/Allocation Base SIS Se PE S105 $11.630 SIO SD Setup S Number of SIS produced Non Manufacturing Cost Type Budgeted Varie Bugeted Fed Cost Driver Allocation Base Dit SLI amber of de Q-6) Calculate budgeted sales revenue Q-7) Calculate budgeted cost of goods sold Q-8) Calculate budgeted marketing costs. Q-9) Calculate brudgeted distribution costs. Q.10) Calculate budgeted operating income Hazlett, Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes are a matching set, they are sold individually and so the sales mix is not 1:1. Hazlett's management is planning its budget for fiscal year 2018. Hazlett accounts for direct materials and ending finished goods using a FIFO cont flow wwwmption. Here is information for 2018 Direct Plate STI Duet Laho Direct Me 0.055 2 Diet Lab McHMB) MH 1 Box MH www.tory Plastic 16110 764 222 $1,119 The Ending u r Sales and w ory Expected Sale in site Come Brushes 12. OO 14.00 The Endine in its Beginning tory in it Being Luventory in dollars 10 SON 1210 2790527 Combs are manufactured in batches of 200, and brushes are manufactured in batches of 100. It takes 28 minutes to set up for a batch of combs and 1 hour to set up for a batch of brushes. Hazlettes activity-based costing and has classified all overhead costs as shown in the following table. Budgeted fixed overhead costs vary with capacity. Hazlet operates at capacity so budgeted fixed overhead cost per unit equals the budgeted fixed overhead costs divided by the budgeted quantities of the cost allocation base. Delivery trucks transport units sold in delivery sizes of 1,000 combs or 1,000 brushes Manufacturing Coal Type Budgeted Variable Radgeted FedCast Drive/ Allocation Base Material handling SI 22.100 Nuomo pested Setup $10, 115 $15.30 Setup $11600 Machines $100 SI 510 Number of units pro e d Fixed Cat Driver/Alcatel Non-Manufacturing Cost Type Bugated Variable B Man 20150 $11 Q-6) Calculate budgeted sales reveme. Q-7) Calculate budgeted cost of goods sold. Q-8) Calculate budgeted marketing costs Q-9) Calculate budgeted distribution costs. Q-10) Calculate budgeted operating income Hazlett, Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes are a matching set, they are sold individually and so the sales mix is not 1:1. Hazlett's management is planning its annual budget for fiscal year 2018. Hazlett accounts for direct materials and ending finished goods using a FIFO cost flow assumption. Here is information for 2018: Input Prices Direct Materials Plastic Bristes Direct Labor $0.38 per ounce $0.71 per bunch $14 per hour Combs Brushes 5.8 ounces Input Consumption Direct Materials Plastic Bristes Direct Labor Machine Hours (MH) 8.1 ounces 18 lunches 0.21 hour 0.18 MH 0.058 hour 0.024 MH Inventory Beginning Inventory Target Ending Inventory Cost of Beginning Inventory Plastic 1,680 ounces 1.764 ounces $486 Bristles 1,810 bunches 2,282 bunches $1,119 Sales and Inventory Expected Sales in units Selling Price Target Ending Inventory in units Beginning Inventory in units Beginning Inventory in dollars Combs Brushes 12,800 14,100 SO $34 1.800 1.480 608 1.210 $2,700 $27.880 Combs are manufactured in batches of 200, and brushes are manufactured in batches of 100. It takes 28 minutes to set up for a batch of combs and 1 hour to set up for a batch of brushes. Hazlett uses activity-based costing and has classified all overhead costs as shown in the following table. Budgeted fixed overhead costs vary with capacity. Hazlett operates at capacity so budgeted fixed overhead cost per unit equals the budgeted fixed overhead costs divided by the budgeted quantities of the cost allocation base. Delivery trucks transport units sold in delivery sizes of 1,000 combs or 1,000 brushes. Manufacturing Cost Type Budgeted Variable Budgeted Fixed Materials handling $18,235 $22,100 Setup $10,445 $16,650 Processing $11,610 $38,000 Inspection $10.800 $1,510 Cost Driver / Allocation Base Numbers of ounces of plastic used Setup hours Machine hours Number of units produced Non-Manufacturing Cost Type Budgeted Variable Budgeted Fixed Marketing $24,150 $90,000 Distribution $1,180 Cost Driver/Allocation Base Sales revenue Number of deliveries